What does the letter "A" represent in the acronym MAD?

A. Audacity
B. Awareness
C. Attitude
D. Alacrity
E. Authority


Answer: E

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To calculate diluted EPS, the accountant does all of the following except:

a. adds back to net income any compensation expense recognized on the employee stock options b. adds back any interest expense (net of taxes) on convertible bonds c. adds back any dividends on convertible preferred stock the firm subtracted in computing net income to common shareholders. d. enters only the net incremental shares issued (shares issued under options minus assumed shares repurchased) in the computation of diluted EPS.

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Dynamic SQL allows the criteria of a query such as the column checked in the WHERE clause to be identified at compile time.

Answer the following statement true (T) or false (F)

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The standard of review in which a court gives the most significant deference to the

agency decision is called: a. de novo review b. substantial evidence standard review c. arbitrary, capricious, abuse of discretion standard review d. none of the above; all judicial review is required to offer an equally substantial level of to the agency decision

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Which of the following is considered a use of cash in a cash flow statement?

A. Increase in accrued wages B. Increase in common stock C. Decrease in accounts receivable D. Decrease in inventory E. Increase in fixed assets

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